Mar 27, 2020 02:30 UTC
Mar 27, 2020 at 02:30 UTC
Tyler Winklevoss Calls Bitcoin A “Vaccine”
Tyler Winklevoss, the CEO and Co-Founder of digital asset exchange Gemini, on March 20 (Thursday), said that he thinks of Bitcoin as a “Vaccine”.
Look at the tweet that Tyler sent out earlier this day –
Bitcoin is the only vaccine in the world that can give you immunity to the money printing disease.
— Tyler Winklevoss (@tylerwinklevoss) March 26, 2020
An important member of the cryptocurrency community on Twitteer who promptly agreed with Tyler Winklevoss’s assessment was the Digital Asset Strategist/Director at the asset management firm VanEck, Gabor Gurbacs –
— Gabor (Gabrrr) Gurbacs (@gaborgurbacs) March 26, 2020
It is intriguing to see both Winklevoss and Gurbacs refer to Bitcoin as the “Vaccine” in light of the fact that, for the last couple of years, another highly influential cryptocurrency influencer, Anthony Pompliano (also known as “Pomp”), the Co-founder and Partner at crypto-centered venture firm Morgan Creek Digital Assets, has been advancing the meme “the virus is spreading” while tweeting about BTC.
Symptoms of the “cash printing disease” that Winklevoss is alluding to in his tweet are the ongoing activities of the Federal Reserve (otherwise known as “the Fed”) in light of the immense economic danger to the US and the world economy posed by COVID-19.
The Fed Chairman Jerome Powell, as CNBC announced earlier today, said in a meeting with US television network NBC’s “TODAY” program that the US national banks will keep on giving liquidity to organizations that need it –
“When it comes to this lending, we’re not going to run out of ammunition, that doesn’t happen. We still have policy room in other dimensions to support the economy.”
Here are a few other cryptocurrency influencers that have been communicating comparable sentiments to Winklevoss in the recent weeks –
BREAKING: FED CUTS RATES AGAIN
— Ivan on Tech (@IvanOnTech) March 15, 2020
— Samson Mow (@Excellion) March 15, 2020
Federal Reserve to print $6 Trillion
European Central Bank to print €1.1 Trillion
People's Bank of China to print ¥2.8 Trillion
Bank of England to print £200 Billion
Bank of Korea to print ₩11.7 Trillion
Bank of Japan to print ¥12 Trillion
This is why bitcoin was created.
— Vis (@Vis_in_numeris) March 24, 2020
Many say Bitcoin could reach $100,000
This may sound like a crazy figure
But what if we factor in excessive money printing & devaluing of the US Dollar into the equation?
— Rekt Capital (@rektcapital) March 26, 2020